7 Stocks With CEO Buys of At Least $96,000 in the Past Week

Steven Kiel submits:Each week I highlight large purchases made by CEOs on the open market. This week, we have 7 stocks with significant CEO buys. Each one of these CEOs bought in the vicinity of nearly $100,000 of their own company’s shares.CEO purchases, and other management purchases, are a better indicator than director purchases because managers carry out the day-to-day activities and have a better understanding of potential catalysts. This list should be used to generate ideas for more research. Insider buying alone shouldn’t be enough of a reason to buy shares. However, if management is bullish on the stock and the fundamentals indicate the stock is cheap or a surprise upside in the numbers may be coming, one of these stocks may be attractive.The 7 stocks with significant CEO buys in the past week are below:Kayne Anderson MLP Investment Company (KYN): CEO Kevin McCarthy participated in a secondaryComplete Story »

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Steven Kiel submits:Each week I highlight large purchases made by the CEO on the open market. This week, we have 5 stocks with significant CEO buys. To view last week’s edition, which carried 7 stocks with more than $100,000 of buys, please click here.

Steven Kiel submits:Each week I highlight large CEO purchases of company shares. To view last week's edition, visit here. This week we have four stocks with CEO buys of at least $150,000. I prefer to look at CEO and CFO buys more than director purchases since management should be more privy to potential catalysts and have a better understanding of the day to day activities of the company.

Steven Kiel submits:Each week I highlight significant purchases made by CFOs. This week, we have 6 stocks with CFO buys of at least $20,000. I believe those CFO purchases, and other management purchases, are better indicators than director buys, because managers carry out the day-to-day activities and have a better understanding of potential catalysts. The CFO in particular should have the best handle of the company’s financial situation.

Steven Kiel submits:This week’s edition of the CFO insider buy list features four stocks with CFO buys of at least $50,000. Two of these stocks also had recent CEO buys and I highlighted them in my recent CEO article.

Steven Kiel submits:Insider buying can often be a good indicator of a coming catalyst for a stock. When officers and directors purchase shares of their company in the open market, they are showing their commitment to the company and confidence in the share price. Of course, insiders suffer from the same emotions as other investors and no one should go out and buy a stock simply because of an insider purchase, but it is a great place to look for promising stocks to research.

Steven Kiel submits:Each week I highlight large insider purchases made by the CEO. These purchases must not be option grants or exercises. I prefer to track insider buying at the CEO and CFO level, rather than at the Board level, because management should have a better idea of what’s going on in the day-to-day operation of the company. An insider buys company shares because they have confidence in the company and the stock, and occasionally these purchases foreshadow a coming catalyst.

Steven Kiel submits:Each week I highlight large CEO purchases made on the open market. The idea is that these purchases may portend good things for the company, since the CEO is putting his/her money and, sometimes, credibility on the line with a major purchase. Stock options are one thing, and don’t mean anything in regards to the future share price. But open market purchases are different.

Steven Kiel submits:Each week I highlight stocks where the CFO has made a purchase on the open market. This week the list contains five stocks where the CFO bought at least $25,000 worth of shares. Both this list, and the list of CEO buys I released recently, which can be found here, offer some interesting companies in which to do more research.

By Dan Plettner:A few years back I discussed the "Marketing Achievement" of Kayne Anderson in the closed-end fund ("CEF") space. Marketing achievements tend to add to an advisor's revenues whether the shareholders are served by such acts, or not.